Oxbridge Re shares surge 32.58% intraday after Q4 profit turnaround and Solana expansion for tokenized reinsurance.
ByAinvest
Tuesday, Mar 31, 2026 11:02 am ET1min read
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Oxbridge Re surged 32.58% intraday, driven by a Q4 net profit of $120,000 (compared to a $460,000 loss in the prior year), and the announcement of 20% and 42% target returns for its T20 and T42 tokenized reinsurance programs for the 2026–2027 cycle. Additionally, the company has expanded its SurancePlus platform to the Solana blockchain, aiming to boost investor access and ecosystem growth for tokenized reinsurance.
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